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TopCashBack is an online shopping money back site where you receive a percentage discount on anything you buy online. What you do is start in the TopCashBack website then click through one of those 4,000 retailers with a cash back program.
All these are everything from Nike to Home Depot and you get from 3 percent to 25% cash back on anything you purchase. Youre still shopping directly on the merchants website so that you get the rest of the discounts and deals they provide, you just get an additional bonus for going through the TopCashBack web site . .
TopCashBack is a little better with the ordinary cash back around 6 percent of your purchase so in the event that you spend $1,000 online youre going for $60 back. Again, not something thats going to make you rich because you need to buy things to find the money back but its free money on the things you were going to buy anyway. .
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Our next passive income notion is blogging. Im not a big fan of the term blogger because it sounds like youre only writing random notes on a website. In fact, owning your own piece of digital real estate is big money.
I began my own sites in December 2014 and broke $5,000 per month just two decades after. I dropped $5,500 through 2017 and thats not including side hustle work I did freelancing.
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Blogging is going to require work starting out. That path to $5,000 a month didnt happen overnight but only like real estate development, it build up an advantage that now creates constant cash flow whether I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that will continue to send visitors even if I take a little time away. .
Now Im working on a video to talk about five secrets for starting a website that Ive learned within the previous four years from how to boost traffic to the easiest ways to make money so be sure to subscribe to this channel so that you dont miss it when it comes out. .
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The biggest key to success in this passive income source though, is to simply begin. There are variables like site age that play into getting ranked on Google and the sooner you get started, the better.
You can begin your website for less than $5 per month with Blue Host and spend just a couple of hours a week to assemble it while you wait for it to start producing that income you can count on.
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Ill leave a link to a particular offer by Blue Host below. Dont wait until you need the excess money to start your blog. I was making a grand a month off my websites internet within a year of launching even though your blog isnt big enough to replace your job, a grand a month is still fairly nice for a mostly passive income resource. .
I talked about this next passive income idea in a recent video on the five investments that helped me make money while stocks were crashing. Remember thatback in February when the stock market plunged 10% within 2 weeks I came out ahead because I had property crowdfunding and p2p lending to smooth out my portfolio. .
Want to start in property investing Check out this movie where I reveal the four secrets I learned more than 20 years as a property investor. Four measures to take this that can guarantee your success! See the video here on YouTube.
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I began my professional career as a commercial real estate analyst and Ive managed my own rental properties so real estate has always had a special spot in my portfolio. No other advantage has created as much long-term prosperity as property.
There are a couple of problems with direct investment in real estate though. Its expensive to purchase even a single property, a minimum of tens of thousands of bucks, and theres no way many investors can build a portfolio of different property types and in different regions to shield from these risks when you've got all your money in just one or two investments. .
StREITwise offers a hybrid investment between traditional REIT fund investing and the new crowdfunding. The fund is similar to a real estate investment trust my sources in that it retains a collection of properties but much more like crowdfunding in its own management. The fund has paid a 10% annualized return since inception and is a fantastic way to increase your real estate exposure. .
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The stREITwise 1st stREIT Office REIT invests in high quality office properties and as of the date of this video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals that have obtained or managed over $5.4 billion in property and across all property types.